July market stats were released by the NWMLS today. First up, here’s a snippet from their press release: Multiple offers for homes stimulated by constricted supply, favorable financing. Brokers around western Washington reported brisk activity during July with home buyers scrambling to take advantage of attractive financing while encountering shrinking inventory and, in some areas,…
Category: Counties
County-wide statistics.
July Stats Preview: Foreclosure Resurgence Edition
July is now done, so let’s have a look at our stats preview Most of the charts below are based on broad county-wide data that is available through a simple search of King County and Snohomish County public records. If you have additional stats you’d like to see in the preview, drop a line in…
Case-Shiller Tiers: Middle & Low Tiers Still Lagging
Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…
Case-Shiller: Seattle Back in the Black
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to May data, Seattle-area home prices were: Up 2.6% April to May. Up 0.6% YOY. Down 28.6% from the July 2007 peak Last year prices rose 1.1% from April to May and year-over-year prices were down 7.0%. I’ll be the…
Sales Curve Shifting to More Expensive Homes
It’s been way too long (over a year) since I posted the histogram of monthly sales. Let’s take another look. To generate the chart below, I took all the sales data for single-family homes sold in King, Snohomish, and Pierce Counties from the beginning of 2010 through the end of June. Since my data download…